subject
Business, 16.05.2021 18:50 belindajolete

Drag the tiles to the boxes to form correct pairs. Match the situations to the relevant accounting errors.
-error of reversal of entries
-error of omission
-calculation error
-error of principle

-Ben was adding up the total sales for the day. He committed an error in
addition
-Cynthia received $500 cash from her debtor. She debited the amount in the
cash account instead crediting it.
-Darryl overlooked an amount of $250, which he paid as transport expenses.
-Erica bought a secondhand van for her business. She entered this as a
transport expense Instead of recording it as an asset for the business.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:30
Side bar toggle icon performance in last 10 qs hard easy performance in last 10 questions - there are '3' correct answers, '3' wrong answers, '0' skipped answers, '1' partially correct answers about this question question difficulty difficulty 60% 42.2% students got it correct study this topic ā€¢ demonstrate an understanding of sampling distributions question number q 3.8: choose the correct estimate for the standard error using the 95% rule.
Answers: 2
question
Business, 22.06.2019 09:50
Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000
Answers: 1
question
Business, 22.06.2019 11:30
Money from an allowance or job is known as .
Answers: 3
question
Business, 22.06.2019 16:10
The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense
Answers: 3
You know the right answer?
Drag the tiles to the boxes to form correct pairs. Match the situations to the relevant accounting...
Questions
question
Mathematics, 04.07.2021 01:40
Questions on the website: 13722366